At a Glance
- Tasks: Lead financial processes and manage a small team in a dynamic insurance environment.
- Company: Join a leading international insurance business based in London.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Exciting role with a focus on compliance and process improvement.
- Why this job: Make a significant impact in finance while working with a talented team.
- Qualifications: Strong insurance accounting experience and leadership skills required.
The predicted salary is between 59400 - 72600 £ per year.
I'm currently recruiting for a Finance Manager to join a leading international insurance business in London.
This is a key role within the finance function, with responsibility for technical accounting, financial controls and month-end reporting, alongside the management of a small team.
You will be responsible for
- Leading the monthly, quarterly and annual underwriting results process.
- Managing and developing a small team of accountants.
- Ownership of technical accounting month-end, including premiums, claims, acquisition costs, case reserves and IBNR.
- Oversight of technical GL reconciliations, controls and data quality.
- Ensuring accurate underwriting allocations across line of business, accident year, year of account, statutory class and currency.
- Reconciliation across core financial systems and resolution of data issues.
- Supporting audit requirements and working closely with FP&A, Actuarial, Reinsurance and Regulatory Reporting.
- Driving improvements to month-end processes, controls and reporting.
- Ensuring compliance with US GAAP requirements.
What we're looking for
To be successful in this finance manager role, you'll have to have the following experience:
- Strong insurance accounting experience.
- Proven experience owning or leading an insurance month-end
- US GAAP knowledge, preferably within insurance.
- Previous people management or team leadership experience.
- ACA, ACCA, CIMA or equivalent qualification is desirable.
- #J-18808-Ljbffr
Finance Manager employer: HFG
Join a dynamic and innovative team at a leading Lloyd's insurer, where your expertise as a Senior Capital Actuary will not only be valued but will also play a crucial role in shaping the future of the business. With a strong emphasis on collaboration and professional development, you'll have the opportunity to influence key decisions while working in a supportive environment that fosters growth and encourages you to make a real impact. Enjoy a flexible work arrangement with 1-2 days in the office, allowing for a healthy work-life balance in a vibrant location.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like HFG). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like HFG. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at HFG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at HFG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at HFG, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding HFG's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.